Latest news and articles about Zhipu AI from NEX English
Chinese company Zhipu AI has announced the launch of its flagship model GLM-5.1 as an open-source project, alongside a 10% increase in API pricing. This decision comes amid rising competition with American firms.
Zhipu AI, a leading Chinese artificial intelligence company, announced an annual revenue of <strong>724.33 million yuan</strong>, marking a <strong>131.9%</strong> increase from last year. However, the company faced significant losses amounting to <strong>4.72 billion yuan</strong>.